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The lesson emphasizes self-discipline and sound choices—education, wise spending, saving early, and prudent risk-taking—while clarifying that wealth is not the only life goal. Students learn to describe millionaires’ characteristics and see how financial decisions can improve wealth and living standards, using the Millionaire Game, scoring, and parent-connected reinforcement.",{"@graph":69,"@context":122},[70,84,105],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/how-to-really-be-a-millionaire-lesson-1/347374/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/how-to-really-be-a-millionaire-lesson-1/347374.png","ImageObject",300,407,{"name":92,"@type":93},"Anna Hans","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-10-29","2026-09-22",true,{"@type":102,"interactionType":103,"userInteractionCount":24},"InteractionCounter",{"@type":104},"ViewAction",{"@type":106,"mainEntity":107},"FAQPage",[108,114,118],{"name":109,"@type":110,"acceptedAnswer":111},"What is the main purpose of Lesson 1?","Question",{"text":112,"@type":113},"It aims to help students become interested in personal finance by showing how personal choices can improve their lives and build personal wealth through self-discipline and sound decisions.","Answer",{"name":115,"@type":110,"acceptedAnswer":116},"How do students participate in the Millionaire Game?",{"text":117,"@type":113},"The class is divided into groups of three. Groups use True/False sheets and a “Millionaire” sign to answer questions from Visual 1.1, with a spokesperson indicating the group’s decisions.",{"name":119,"@type":110,"acceptedAnswer":120},"How is scoring determined during the game?",{"text":121,"@type":113},"Each correct answer earns five points and each incorrect answer loses five points. Groups can choose “Millionaire” on up to five questions, gaining 10 points for correct answers and losing 10 points for incorrect ones.","https://schema.org",{"og:url":83,"og:type":124,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":126,"canonical":83},"index,follow",{"doc_id":128,"site_id":62},347374,1792181163,{"code":4,"msg":5,"data":131},{"doc_id":128,"user_id":132,"nickname":92,"user_avatar":133,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":24,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":29,"language":139,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":67,"update_tm":143,"read_time":144,"preview_page_count":4},5909892332657,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","T H E M E 1 -THE ECONOMIC WAY OF THINKING  \nLESSON  \n1  \nHow to Really Be a Millionaire  \nFitness Focus  \nMake transparencies of the Visuals.  \n✔ Theme 1 Student Letter and Frequently Asked Questions (Bringing Home the Gold Student Workouts)  \n✔ Visual 1.1, The Millionaire Game  \n✔ Visual 1.2, Rules for Improving Your Financial Life  \n✔ Exercise 1 .1, The Millionaire Game Score Sheet (Bringing Home the Gold Student Workouts)  \n✔ Family Activity 1, Find Your Family Economic Literacy IQ (The Parents’Guide toBringing Home the Gold)  \n✔ An 8 1/2” x 11” sheet of paper with a large “T” printed on one side and a large “F” printed on the other side for each student group  \n✔ An 8 1/2” x 11” sheet of paper with “Millionaire” printed on it for each group’  \n2  \nLESSON DESCRIPTION This lesson is designed to get students interested in personal finance.  \nFinancial planning may seem dull and laborious, but finding out how to become a millionaire is an activity that tends to stir up considerable interest. This lesson shows the students that they are unlikely to achieve wealth without self-discipline. Achieving personal wealth involves planning and making sound choices, such as getting a good education, spending wisely, saving early and often, and taking prudent risks. The lesson here is not  \nthat the only goal in life is to become rich. Wealth, in itself, is no guarantee of happiness.  \nNevertheless, wealth provides the freedom to have more choices in life.  \nStudent Objectives  \nAtthe end of this lesson the student will be able to:  \n✔ Describe the characteristics of millionaires.  \n✔ Illustrate how sound financial decisions can increase wealth and a person’s standard of living.  \nR E Q U I R E D  \n1 class period.  \nThis lesson is correlated with national standards for economics as well as the national guidelines for personal financial management as shown in Tables 1 and 2 in the front of the book.  \nFinancial Fitness for Life: Bringing Home the Gold Teacher Guide, ©National Council on Economic Education  \nTIME  \nL E S S O N 1  \nPARENT CONNECTION  \nFamily Activity Worksheet 1 in The Parents’Guide focuses on having at least one of your students' parents take the economic test of  \nThe Parents' Guide is a tool for reinforcing and extending the instruction provided in the classroom. It includes:  \n1. Content background in the form of asked  \nfinancial literacy. It's fun and they don't have to bring it back to school.  \nfrequently questions.  \n2. Interesting activities that parents can do with their young adults.  \n3. An annotated listing of books and Internet resources related to each theme.  \nWorkout  \nWARM-UP  \nA. Tell the students that the purpose of this lesson is to show how they can make choices that can improve their lives. The lesson has several tips about the accumulation of personal wealth. It introduces ideas that will be explored throughout the study of economics and personal finance.  \nB. Have the students read the Student Letter and the FAQs for Theme 1 in Workouts. Discuss the answers to the questions.  \nAnswers to the Student Letter Questions  \n1. How much do high school students know about personal finance and economics?(Not much. On two major national tests, the average score was an F.)  \n2. What is personal finance? (Learning how to manage your money wisely.)  \n3. Is there a payoff for learning personal finance? (Yes, it can make you wealthier.)  \nEXERCISE  \nA. Divide the class into groups of three. To each group, distribute one sheet of paper with “T” on one side and “F” on the other, and one sheet with “Millionaire” written on it.  \nB. Explain the rules of the Millionaire Game.  \n1. Choose a spokesperson for each group.  \n2. All students in the group must tell the spokesperson what they think the right answers are for the questions on Visual 1.1.  \n3. The majority prevails whenever the group disagrees on the answer.  \n4. The spokesperson must hold up the sheet of paper with “T” and “F” to indicate the group’s decision on","cbCaipliHvKPCwZu","https://ap.wps.com/l/cbCaipliHvKPCwZu","pdf",906737,"English","# Lesson 1: How to Really Be a Millionaire\n## Lesson Description\n## Student Objectives\n## Warm-up\n## Exercise: Millionaire Game","[{\"question\":\"What is the main purpose of Lesson 1?\",\"answer\":\"It aims to help students become interested in personal finance by showing how personal choices can improve their lives and build personal wealth through self-discipline and sound decisions.\"},{\"question\":\"How do students participate in the Millionaire Game?\",\"answer\":\"The class is divided into groups of three. Groups use True/False sheets and a “Millionaire” sign to answer questions from Visual 1.1, with a spokesperson indicating the group’s decisions.\"},{\"question\":\"How is scoring determined during the game?\",\"answer\":\"Each correct answer earns five points and each incorrect answer loses five points. Groups can choose “Millionaire” on up to five questions, gaining 10 points for correct answers and losing 10 points for incorrect ones.\"}]","How to Really Be a Millionaire - Lesson 1 | PDF",1790066706,15]